04-07-2015, 03:06 AM
(This post was last modified: 04-07-2015, 03:08 AM by Dividend Watcher.)
(04-06-2015, 05:39 PM)cannew Wrote: http://canadiancouchpotato.com/2011/01/1...hs-part-1/
I'm probably the extreme he refers to:
1. 100% Equities
2. No bonds, funds or etf's
3. Only hold 19 stocks of which 2 are US
4. Don't care about beating or matching the market or comparing my performance to any index
5. Diversification and Asset Allocation is not a major concern
6. Safety of dividend and its growth pattern are my benchmarks
6. Dividend Income is my objective, not Total Return
7. Not overly concerned about market corrections, even another 2008-2009
8. Have been extremely satisfied with my DG's performance
9. Not concerned if others may have better returns using other strategies or in converting anyone else to DG investing
Oh, you think you're so special.
The only differences between you and me are:
#3 -- I hold 31 in mine and 20 in my wife's with only 4 overlaps. If I had a pension or 401(k), I'd be less concerned with the number of stocks. It wouldn't be that many except I look at our portfolios as two standalone units.
#5 -- I'm there now. Now the focus is on configuring the size of the dividend stream over time.
The first #6
-- I do have a couple of "iffies" with MAT and ESV.Seems to be differences of relative degree rather than implementation. If we're being stupid or reckless, then I guess we'll sink into the abyss together.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan